Sri Relau Complex in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM255K and a median price per square foot (PSF) of RM227.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM255K, with most transactions falling within a stable range of RM204K to RM306K, and a typical market range of RM223K to RM288K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM227, though individual units vary from RM161 to RM292 in the core range. The broader market spans RM203.29 to RM250.29, indicating diverse property characteristics. A wider spread (IQR: RM47.00) and deviation (MAD: RM66) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.